In Akron, a typical home is worth $122,000 and typical rent is $955 a month. Compared with all of Summit County, the typical home value is 42% lower, typical household income is 33% lower, and the share of households that own their home is 17 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $107,504 to $138,865.
Typical rent
$1,176a month
▲ 2.8% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $869 to $1,176.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Akron is in Summit County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Summit County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Akron is worth $122,000,42% less than in Summit County as a whole ($208,700).
2
51% of households in Akron own their home, against 68% in Summit County.
3
The typical household income in Akron is $48,076,33% less than in Summit County as a whole ($71,622).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Akron
What homes there are in Akron, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Akron
Summit County
Ohio
United States
Kind of home: Akron and its comparisons
Measure
Akron
Summit County
Ohio
United States
Detached house
68%
71%
69%
61%
Attached house
3%
6%
5%
6%
Building of 2 to 4
10%
7%
8%
8%
Apartments (5 or more)
18%
15%
15%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Akron (68%), but less so than in Summit County (71%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Akron
Summit County
Ohio
United States
Year built: Akron and its comparisons
Measure
Akron
Summit County
Ohio
United States
Before 1960
60%
43%
38%
26%
1960–1979
23%
26%
26%
24%
1980–1999
11%
19%
20%
25%
2000–2009
4%
8%
10%
14%
2010 or later
3%
5%
7%
11%
In Akron, half of the homes were built before 1954; in Summit County, before 1966.
In Akron, 15% of homes have 1 bedroom or none (studios); 56% have 3 bedrooms or more, against 64% in Summit County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K39%
$100K–$200K39%
$200K–$300K13%
$300K–$500K8%
$500K–$750K2%
FHA limit: $541,287
$750K–$1M1%
$1M or moreUnreliable
Value of owner-occupied homes: Akron and its comparisons
Measure
Akron
Under $100K
39%
$100K–$200K
39%
$200K–$300K
13%
$300K–$500K
8%
$500K–$750K
2%
$750K–$1M
1%
$1M or more
Unreliable estimate
About 98% of owner-occupied homes in Akron are worth less than the FHA loan limit for Summit County ($541,287).
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50011%
$500–$99944%
$1,000–$1,49936%
HUD fair market rent, 2 bedrooms: $1,231
$1,500–$1,9996%
$2,000–$2,4992%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Akron and its comparisons
Measure
Akron
Under $500
11%
$500–$999
44%
$1,000–$1,499
36%
$1,500–$1,999
6%
$2,000–$2,499
2%
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
HUD's 2-bedroom fair market rent (FMR) for Summit County is $1,231; about 72% of rents in Akron are below it.
With a mortgage
$1,141 a month
Summit County: $1,470 a month
Without a mortgage
$483 a month
Summit County: $599 a month
Owners with a mortgage
61%
Summit County: 64%
The typical cost for an owner with a mortgage in Akron is $1,141 a month, less than in Summit County ($1,470); without one, $483.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Akron+48%
Summit County+42%
Ohio+47%
United States+53%
Typical rent
Akron+26%
Summit County+25%
Ohio+28%
United States+33%
Typical household income
Akron+24%
Summit County+25%
Ohio+26%
United States+29%
Change since 2015–2019: Akron and its comparisons
Measure
Akron
Summit County
Ohio
United States
Typical home value
+48%
+42%
+47%
+53%
Typical rent
+26%
+25%
+28%
+33%
Typical household income
+24%
+25%
+26%
+29%
Since 2015–2019, homes in Akron gained value faster than in Summit County: 48% against 42%.
Rents in Akron rose at about the same pace as in Summit County: 26% since 2015–2019, against 25%.
To compare: typical income in Akron rose 24%; the home, +48%; the rent, +26%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Akron and its comparisons
Measure
Akron
Summit County
Ohio
United States
Rental vacancy
2.2%
3.4%
4.4%
5.5%
Homeowner vacancy
1.7%
0.9%
0.8%
0.9%
More than one person per room
1.4%
1.0%
1.5%
3.4%
People per household
2.18
2.29
2.37
2.53
Drive alone
72%
75%
75%
69%
Carpool
11%
8%
8%
9%
Public transit
2%
1%
1%
3%
Walk or bike
2%
1%
2%
3%
Work from home
11%
15%
13%
15%
Other means
2%
1%
1%
2%
Typical commute
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
The rental vacancy rate in Akron is 2.2%, lower than in Summit County (3.4%).
In Akron, 1.4% of households live with more than one person per room, about the same as in Summit County.
By size, households in Akron look like those in Summit County: 2.18 people on average.
More people carpool to work in Akron than in Summit County: 11% against 8%.
Do the math
What would you pay each month for a home in Akron?
A typical home is within reach of the typical income
We start with a typical home in Akron, worth $122,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Akron, which is $48,076 a year.
The calculator's FHA and conventional loan limits are those of all of Summit County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Akron. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,270 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,079
at 7.18% · 30 years
Loan amount
$119,790
Total interest
$172,350
Paid off in
November 2056
Includes $2,060 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,122 a month
Your payment · 27%
Tight
$1,122 to $1,442 a month
Hard
more than $1,442 a month
Compared with the typical household income in Akron ($48,076 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$812
Property tax
$163
Home insurance
$51
FHA mortgage insurance (MIP)
$54
You need at least $4,270 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,079; principal and interest $812.
The city and its county
Akron and Summit County
Akron is in Summit County, Ohio. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Akron
Map of Summit County, Ohio, with Akron marked. Around it, the neighboring counties.
Akron
Summit County
Other cities with a page
Akron's own numbers
Typical home value
$122,000
Typical monthly rent
$955
Typical yearly household income
$48,076
Households that own their home
51%
Effective property tax rate
1.6%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Summit County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,231
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Summit County.
A typical home in Akron is worth $122,000: 42% below the county and 43% below Ohio. With the typical household income in Akron ($48,076 a year), a typical home costs 2.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Akron2.5 years
Summit2.9 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Summit County
According to FHFA’s house price index, home prices in Summit County rose 87% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Summit County.
Yearly change in FHFA’s price index in Summit County, 2016 to 2025
2016: +3.0% +3.0% 2016
2017: +4.3% +4.3% 2017
2018: +5.5% +5.5% 2018
2019: +4.5% +4.5% 2019
2020: +4.3% +4.3% 2020
2021: +10.6% +10.6% 2021
2022: +13.5% +13.5% 2022
2023: +7.3% +7.3% 2023
2024: +8.1% +8.1% 2024
2025: +3.9% +3.9% 2025
Change in FHFA’s price index in Summit County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+3.9%
+4.8%
+2.9%
5 years (2020–2025)
+51%
+53%
+47%
10 years (2015–2025)
+87%
+93%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Akron next to Summit County, Ohio and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Akron$122,000
Summit$208,700
Ohio$214,800
United States$332,700
Typical monthly rent
Akron$955
Summit$1,026
Ohio$1,034
United States$1,413
Typical yearly household income
Akron$48,076
Summit$71,622
Ohio$71,389
United States$80,734
See the full table
Akron next to Summit County and Ohio
Measure
Akron
Summit County
Ohio
U.S.
Typical home value
$122,000 ▼42% below the county
$208,700
$214,800
$332,700
Typical monthly rent
$955 ▼7% below the county
$1,026
$1,034
$1,413
Typical yearly household income
$48,076 ▼33% below the county
$71,622
$71,389
$80,734
Households that own their home
51% ▼17 points below the county
68%
67%
65%
Typical yearly property tax
$1,950 ▼39% below the county
$3,195
$2,822
$3,119
Effective property tax rate
1.6% ▲0.07 points above the county
1.53%
1.31%
0.94%
Renters with high rent for their income
54% ▲5 points above the county
48%
46%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Summit County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Akron
For a typical $122,000 home in Akron, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Akron's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,079a month
Least cash to close
Down payment
$4,270
Cash to close
$7,930
Rate
7.18%
Mortgage insurance
FHA MIP · $54
Conventional, 5% down$1,057a month
Down payment
$6,100
Cash to close
$9,760
Rate
7.18%
Mortgage insurance
PMI · $58
Conventional, 20% down, no PMI$875a month
Down payment
$24,400
Cash to close
$28,060
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$987a month
Down payment
$18,300
Cash to close
$21,960
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Akron
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,079
$4,270
$119,790
7.18%
FHA MIP · $54
$7,930
580
Conventional, 5% down
$1,057
$6,100
$115,900
7.18%
PMI · $58
$9,760
620*
Conventional, 20% down, no PMI
$875
$24,400
$97,600
7.18%
None
$28,060
620*
ITIN, 15% down (example)
$987
$18,300
$103,700
8.18%
None
$21,960
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Akron is $955 a month: 7% below the county. In Akron, 54% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Summit County, by unit size. To pay the 2-bedroom one ($1,231 a month) without spending more than 30% of your income, you would need to earn $23.67 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Summit County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$886
$17.04
$35,440
1 bedroom
$952
$18.31
$38,080
2 bedrooms
$1,231
$23.67
$49,240
3 bedrooms
$1,474
$28.35
$58,960
4 bedrooms
$1,618
$31.12
$64,720
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Akron
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Akron has 14 ZIP codes with their own.
For 2 bedrooms it runs from $1,000 in 44302 to $1,560 in 44308.
4 of the 14 are above the fair market rent for Summit County ($1,231).
2-bedroom fair market rent in each of the 14 ZIP codes of Akron, beside the one for Summit County. For 2 bedrooms it runs from $1,000 in 44302 to $1,560 in 44308. 4 of the 14 are above the fair market rent for Summit County ($1,231).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,231
Lowest: $1,000 (44302)Highest: $1,560 (44308)
Fair market rent by ZIP code and size in Akron, fiscal year 2027.
44301
$890
$960
$1,240
$1,480
$1,630
44302
$720
$780
$1,000
$1,200
$1,320
44303
$780
$840
$1,090
$1,310
$1,430
44304
$840
$910
$1,170
$1,400
$1,540
44305
$860
$920
$1,190
$1,420
$1,560
44306
$810
$870
$1,120
$1,340
$1,470
44307
$780
$840
$1,090
$1,310
$1,430
44308
$1,120
$1,210
$1,560
$1,870
$2,050
44310
$830
$890
$1,150
$1,380
$1,510
44311
$750
$800
$1,040
$1,250
$1,370
44313
$900
$970
$1,250
$1,500
$1,640
44314
$810
$870
$1,120
$1,340
$1,470
44320
$810
$870
$1,130
$1,350
$1,490
44325
$910
$980
$1,270
$1,520
$1,670
ZIP code2 bd3 bd
44301 $1,240$1,480
44302 $1,000$1,200
44303 $1,090$1,310
44304 $1,170$1,400
44305 $1,190$1,420
44306 $1,120$1,340
44307 $1,090$1,310
44308 $1,560$1,870
44310 $1,150$1,380
44311 $1,040$1,250
44313 $1,250$1,500
44314 $1,120$1,340
44320 $1,130$1,350
44325 $1,270$1,520
3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Akron when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 119 buildings with rents for lower incomes in Akron. These are the largest.
Scattered Sites427 S Hawkins Ave, Akron 44320631 homes, 628 low-income · Run by Akron Metropolitan Housing Authority · Average payment: $526 a month · Average wait: 41 months · Homes at several sites(330) 762-9631
Spring Hill Apts1254 Rentar Ln, Akron 44307351 low-income homes · In service since 1993
Saferstein Towers585 Diagonal Rd, Akron 44320345 homes, 338 low-income · Run by Akron Metropolitan Housing Authority · Average payment: $323 a month · Average wait: 33 months(330) 762-9631
Wilbeth Arlington Homes910 Eller Ave, Akron 44306328 low-income homes · For families(330) 773-6825
Wilbeth-Arlington Homes1248 Virginia Ave, Akron 44306328 low-income homes · 1 bd: 8 · 2 bd: 100 · 3 bd: 167 · 4 bd: 53 · In service since 1998 · For older adults
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 5 HUD-approved agencies with an office in Summit County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Akron or Summit County. The ones below are statewide in Ohio: they work in Akron the same as in the rest of the state.
Ohio state agency help of 2.5% or 5% of the price for the down payment, closing costs or other costs before closing, forgiven after seven years; if you sell sooner, you repay all of it.Offered by Ohio Housing Finance Agency (OHFA).
Ohio state agency certificate that turns part of your mortgage interest into a credit on your federal tax return, up to $2,000 a year: 40% with an OHFA mortgage (MTC Plus) or 15% to 20% with another mortgage (MTC Basic).Offered by Ohio Housing Finance Agency (OHFA).
No legal help resource on our list is for Akron or Summit County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Akron and all of Summit County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Akron?
The typical home value in Akron is $122,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Summit County it is $208,700.
How much does it cost to rent in Akron?
Typical rent in Akron is $955 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Summit County is $1,231.
What is the FHA loan limit in Akron?
Akron uses the FHA limit for all of Summit County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Akron?
The typical homeowner in Akron pays $1,950 a year, according to the U.S. Census Bureau. That is 1.6% of the home’s value; in Summit County, the rate is 1.53%.
Where can I find free help to buy or rent in Akron?
There are 5 HUD-approved counseling agencies with an office in Summit County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
